Jan 22, 2016

CuDeco head makes an exit

CuDeco head makes an exit

Cloncurry miner CuDeco has lost chairman David Taylor, who this week tendered his resignation from that role and as a non-executive director with the company.

The Brisbane lawyer was appointed as interim chairman in July last year when CuDeco founder Wayne McCrae resigned to appease the company’s three key Chinese-based investors.

Mr Taylor’s resignation letter cited business commitments as being behind his exit.

Mr Taylor addressed CuDeco’s AGM last month, when he told shareholders pre-commissioning activities at the Rocklands copper mine, west of Cloncurry, were well advanced.

“By early 2016 we anticipate successful commissioning of the Rocklands process plant and our first large-scale commercial shipments of concentrate,” he said.